Redwire Corporation (NYSE: RDW) is 33.96% higher on its value in year-to-date trading and has touched a low of $2.76 and a high of $22.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RDW stock was last observed hovering at around $21.65 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $22.05, the stock is 31.21% and 56.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.36 million and changing 1.85% at the moment leaves the stock 170.48% off its SMA200. RDW registered 652.56% gain for a year compared to 6-month gain of 205.83%. The firm has a 50-day simple moving average (SMA 50) of $13.777 and a 200-day simple moving average (SMA200) of $8.0639.
The stock witnessed a 73.62% loss in the last 1 month and extending the period to 3 months gives it a 142.31%, and is 52.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.15% over the week and 11.82% over the month.
Redwire Corporation (RDW) has around 700 employees, a market worth around $1.48B and $298.03M in sales. Profit margin for the company is -26.69%. Distance from 52-week low is 698.88% and -2.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.97%).
with sales reaching $74.59M over the same period.The EPS is expected to shrink by -145.45% this year, but quarterly earnings will post 27.20% year-over-year. Quarterly sales are estimated to grow 17.49% in year-over-year returns.
132.0 institutions hold shares in Redwire Corporation (RDW), with institutional investors hold 49.35% of the company’s shares. The shares outstanding are 65.93M, and float is at 24.09M with Short Float at 22.14%. Institutions hold 21.14% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.45 million shares valued at $10.38 million. The investor’s holdings represent 2.2083 of the RDW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.19 million shares valued at $8.53 million to account for 1.8133 of the shares outstanding. The other top investors are BARCLAYS PLC which holds 0.76 million shares representing 1.1564 and valued at over $5.44 million, while INVESCO LTD. holds 0.9046 of the shares totaling 0.59 million with a market value of $4.25 million.
Redwire Corporation (RDW) Insider Activity
The most recent transaction is an insider sale by Genesis Park II LP, the company’s 10% Owner. SEC filings show that Genesis Park II LP sold 150,000 shares of the company’s common stock on Jan 21 ’25 at a price of $19.61 per share for a total of $2.94 million. Following the sale, the insider now owns 4.16 million shares.
Redwire Corporation disclosed in a document filed with the SEC on Jan 22 ’25 that Genesis Park II LP (10% Owner) sold a total of 50,000 shares of the company’s common stock. The trade occurred on Jan 22 ’25 and was made at $21.07 per share for $1.05 million. Following the transaction, the insider now directly holds 4.11 million shares of the RDW stock.
Still, SEC filings show that on Jan 07 ’25, Genesis Park II LP (10% Owner) disposed off 15,364 shares at an average price of $17.67 for $0.27 million. The insider now directly holds 4,307,489 shares of Redwire Corporation (RDW).
